in the pope's schedule. greg burke is watching that tour as it continues to the u.k. we'll northbound contact with greg in a matter of moment this is hour. >>> well, in this country, a new bombshell showing your tax dollars at work or rather not at work, apparently. the city of l.a. says with the stimulus money, ready for this, that money saved or created 55 jobs. that's $2 million per job. unemployment in that area, 12 percent. martha: that's pretty good, huh? >> bill: that's good for you? >> martha: it's not very good! bill: good work if you can get it, if you're one of the 55. martha: here's to them! good morning, bill, good to see you, good morning, everybody, i'm martha maccallum. this is a shocking report, folks, the city's 40 page report that they just put out raises several factors for the mind-boggling results, including a lot of red tape. bill: stuart varney with fbn joins us. first, the news, this came from the local government in l.a.d. it not? >> it came from the controller of los angeles, she reported that the transportation department spent 70 million created 45 new jobs, the p